2022
Exports
$1.78BWorld Rnk 1 / 121
Flag Rnk 50 / 1210
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products
-0.036Rnk 559 / 1025
2022
Imports
$579MWorld Rnk 3 / 189
Flag Rnk 196 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.78B in Other Precious Metal Products, making it the 1st largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 50th most exported product in Canada. The main destination of Other Precious Metal Products exports from Canada are: United States ($1.77B), Canada ($6.55M), United Kingdom ($1.73M), Netherlands ($707k), and France ($451k).

The fastest growing export markets for Other Precious Metal Products of Canada between 2021 and 2022 were United Kingdom ($913k), Mexico ($118k), and Indonesia ($96.6k).

Imports In 2022, Canada imported $579M in Other Precious Metal Products, becoming the 3rd largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 196th most imported product in Canada. Canada imports Other Precious Metal Products primarily from: United States ($530M), South Korea ($9.07M), Germany ($6.93M), Canada ($6.55M), and Switzerland ($5.48M).

The fastest growing import markets in Other Precious Metal Products for Canada between 2021 and 2022 were United States ($121M), South Korea ($9.07M), and Poland ($4.02M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$-20.8M(-22.6%)
IMPORT GROWTH (July 2023 - July 2024)C$-36.5M(-81.2%)
MAIN EXPORTER (July 2024)OntarioC$168M
MAIN DESTINATION (July 2024)United StatesC$71.1M

This section shows Other Precious Metal Products's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Precious Metal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.78B
IMPORTS (2022)$579M
NET TRADE (2022)$1.2B

In 2022, Canada exported $1.78B in Other Precious Metal Products. The main destinations of Canada exports on Other Precious Metal Products were United States ($1.77B), Canada ($6.55M), United Kingdom ($1.73M), Netherlands ($707k), and France ($451k).

In 2022, Canada imported $579M in Other Precious Metal Products, mainly from United States ($530M), South Korea ($9.07M), Germany ($6.93M), Canada ($6.55M), and Switzerland ($5.48M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United Kingdom$913k (112%)
Mexico$118k (356%)
Indonesia$96.6k (160%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Canada WERE (2021 - 2022):
United States-$271M (-13.3%)
Canada-$42.6M (-86.7%)
Hong Kong-$2.97M (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Precious Metal Products were:
In 2022, Canada's main importing competitors in Other Precious Metal Products were:

Explore Visualizations

Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $2.32M
TOP IMPORT POTENTIALGermany+ $5.46M

Other Precious Metal Products’s highest export potential is United Kingdom. With an export gap of $2.32M.   Other Precious Metal Products’s highest import potential is Germany with an import gap of $5.46M.

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